Paradigm Developers is listing a 28,500-square-foot mansion built by a Saudi prince in exclusive Beverly Park for $89.9 million.
The Sawtelle-based firm led by Todd DeMann has listed the newly renovated mansion at 73 Beverly Park Lane, Mansion Global reported.
The 2.6-acre estate was once part of a two-mansion compound owned by the late Saudi Prince Turki bin Nasser, within the gated Beverly Hills Post Office neighborhood, home to such celebrities as Denzel Washington and Adele.
Prince Turki listed the 4.4-acre compound in 2020 for $40 million. DeMann’s firm bought the entire spread the following year for $28.5 million.
David Kramer and Andrew Buss of Hilton & Hyland are marketing the property on the 28,500-square-foot house, which is located within the city limits of Los Angeles. The mansion has nine bedrooms and 21 bathrooms, which works out to $4.28 million per lavatory. A 1.8 acre-site next door is available separately off-market, the brokers said.
The white contemporary-style home was redesigned from the ground up by Harrison Design and Mike Moser Studio, swapping its Mediterranean-style orange tile roof for what appears to be slate-gray metal.
The two-story manse, in the hills near Mulholland Drive, has sweeping views of the Pacific Ocean and the Los Angeles Basin.
Highlights include an 18-person dining room surrounded by floor-to-ceiling glass doors, a 5,000-square-foot master bedroom, commercial-grade kitchens inside and out and an 85-foot infinity pool. There’s also an orchard of unspecified fruit varieties.
The home renovation proved controversial with neighbors, whose homeowner association sued DeMann, claiming the added cantilevered pool deck and an expanded lot broke HOA rules.
The case was settled late last month for undisclosed terms, leaving the property clear of any legal hurdles, according to Mansion Global.
The prince’s compound had been in the Saudi royal family since the mid-1990s, with both homes built in 1995.
The prince, who died in 2021 at age 72, had built a fortune over several decades, including involvement in U.K-Saudi arms deals.
He was one of hundreds of Saudi royal family members and government officials arrested in 2017 under the direction of Crown Prince Mohammed Bin Salman as part of a claimed crackdown on corruption.
He left detention in a Riyadh Ritz Carlton in early 2018 after declaring his “absolute loyalty and allegiance” to Saudi King Salman bin Abdulaziz and Crown Prince Salman.
— Dana Bartholomew
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